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G

Genpact

$41.30

0.51 (1.25%)

, FB

Facebook

$186.67

3.25 (1.77%)

12:40
08/19/19
08/19
12:40
08/19/19
12:40

Facebook contractor raises wages for Indian content reviewers, Reuters reports

Genpact (G), a Facebook (FB) contractor, has increased minimum wages for the content management teams its runs for the social media giant in India, Reuters' Munsif Vengattil and Paresh Dave report. Facebook has announced several initiatives over the past six months to support wellbeing in teams doing the hard work of wading through billions of potentially harmful or violent posts on its platforms, the authors note. Reuters reported on a group of workers at Genpact's offices in Hyderabad, India and the tough conditions they endured, and two sources familiar with the matter have since told Reuters that Genpact has more than doubled minimum salaries for new recruits to $3,503 a year. Reference Link

G

Genpact

$41.30

0.51 (1.25%)

FB

Facebook

$186.67

3.25 (1.77%)

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G Genpact
$41.30

0.51 (1.25%)

06/14/19
NEED
06/14/19
INITIATION
Target $44
NEED
Buy
Genpact initiated with a Buy at Needham
Needham analyst Mayank Tandon initiated Genpact with a Buy rating and a price target of $44, saying its "healthy" revenue and earnings growth prospects and "predictable" business model offers investors a "solid" mix of offense and defense. The analyst notes that Genpact has struggled in the past as a "captive" of General Electric (GE). Given that company's "improved dynamics" and stronger execution by Genpact however, Tandon contends that its 16.5-times expected forward earnings multiple valuation - a discount to the BPO/IT peer group - offers a "compelling" entry opportunity.
08/08/19
CANT
08/08/19
NO CHANGE
Target $47
CANT
Overweight
Genpact price target raised to $47 from $40 at Cantor Fitzgerald
Cantor Fitzgerald analyst Joseph Foresi raised his price target for Genpact Limited to $47 from $40 and reiterates an Overweight rating on the shares following the company's better than expected Q2 results. There is optimism about 2019, as global client growth is expected to improve and GE to accelerate, Foresi tells investors in a research note. He remains positive about the company's prospects.
08/08/19
WEDB
08/08/19
NO CHANGE
Target $45
WEDB
Neutral
Genpact price target raised to $45 from $33 at Wedbush
Wedbush analyst Moshe Katri raised his price target for Genpact to $45 from $33 post "impressive beat and raise," with Q2/2019 results benefiting from large deal win ramp. The analyst reiterates a Neutral rating on the shares.
08/08/19
BOFA
08/08/19
NO CHANGE
Target $43
BOFA
Buy
Genpact price target raised to $43 from $40 at BofA/Merrill
BofA/Merrill Lynch analyst Kunal Tayal raised his price target on Genpact shares to $43 from $40 after the company reported better than expected Q2 revenue growth, driven by faster than expected project ramps as well as continuing traction in project-oriented work. The analyst, who said management's call commentary implied continuing new project wins traction along with a strong deal pipeline, keeps a Buy rating on Genpact shares.
FB Facebook
$186.67

3.25 (1.77%)

08/02/19
MKMP
08/02/19
INITIATION
Target $245
MKMP
Buy
Facebook assumed with a Buy at MKM Partners
MKM Partners analyst Rohit Kulkani assumed coverage of Facebook with a Buy rating and a price target of $245, saying the stock offers a "rare combination" of scale, growth, and profitability. The analyst contends that the company still has "significant growth runway ahead" toward improving ad targeting, user experience, and monetization across its platforms.
08/02/19
08/02/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Alphabet (GOOG, GOOGL), Facebook (FB), and Amazon.com (AMZN) initiated with a Buy at MKM Partners. 2. iHeartMedia (IHRT) initiated with an Overweight at JPMorgan. 3. NuStar Energy (NS) initiated with a Neutral at Mizuho. 4. Ultragenyx (RARE) assumed with an Outperform at Wedbush. 5. Avantor (AVTR) initiated with a Neutral at Cleveland Research. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
08/09/19
DADA
08/09/19
NO CHANGE
Target $48
DADA
Buy
Yelp CFO departure another indication of possible sale, says DA Davidson
DA Davidson analyst Tom Forte views the upcoming departure of CFO Lanny Baker as "another indication that Yelp (YELP) may be sold." Forte believes the company could be worth as much as $60 per share in a buyout. Yelp in afternoon trading is up 8%, or $2.93, to $37.76. Of the companies he covers, Forte says Yelp is the most likely to be sold given the low price of its shares, the involvement of an activist, and its strategic value to potential acquirers like Amazon.com (AMZN), Apple (AAPL), Facebook (FB) or Alphabet (GOOG, GOOGL). The analyst has a Buy rating on Yelp with a $48 price target.
08/14/19
BERN
08/14/19
NO CHANGE
BERN
Tesla executive turnover notably high, 'not outlandish,' says Bernstein
Bernstein analyst A.M. Sacconaghi, Jr. performed a detailed benchmarking analysis of executive turnover at Tesla (TSLA) and at comparable companies that are young, fast growing, and largely Silicon Valley based, including Snap (SNAP), Uber (UBER), Lyft (LYFT), Airbnb, Netflix (NFLX), Facebook (FB) and Amazon (AMZN). His analysis indicates that Tesla's annualized executive turnover level has been 27%, "notably higher" than the cohort average of 15%. With that said, the analyst notes that it is "not outlandish," with Snap at 24% and Lyft at 23%, which is nearly as high.

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YUM

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YUM

Yum! Brands

$112.31

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MCD

McDonald's

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CMG

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CBRL

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$166.12

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WEN

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QSR

Restaurant Brands

$72.64

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SoftBank

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(0.00%)

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SoftBank

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SoftBank

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REAL

RealReal

$17.00

0.21 (1.25%)

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CVS

CVS Health

$64.28

0.65 (1.02%)

, WAB

Wabtec

$74.01

0.26 (0.35%)

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CVS

CVS Health

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WAB

Wabtec

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ABC

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CAH

Cardinal Health

$47.89

-0.14 (-0.29%)

MCK

McKesson

$146.83

1.06 (0.73%)

MYL

Mylan

$21.01

0.03 (0.14%)

AMRX

Amneal Pharmaceuticals

$3.34

0.21 (6.71%)

ABT

Abbott

$83.56

0.35 (0.42%)

MNK

Mallinckrodt

$2.46

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ENDP

Endo

$3.48

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TEVA

Teva

$7.44

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JNJ

Johnson & Johnson

$131.73

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DDAIF

Daimler AG

$0.00

(0.00%)

, FCAU

Fiat Chrysler

$13.52

-0.11 (-0.81%)

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Catch up on the top…

DDAIF

Daimler AG

$0.00

(0.00%)

FCAU

Fiat Chrysler

$13.52

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F

Ford

$9.16

0.06 (0.66%)

GM

General Motors

$37.37

-0.41 (-1.09%)

HMC

Honda

$26.68

0.03 (0.11%)

NSANY

Nissan

$0.00

(0.00%)

TSLA

Tesla

$240.62

-5.89 (-2.39%)

TM

Toyota

$136.72

0.12 (0.09%)

VWAGY

Volkswagen

$0.00

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FB

Facebook

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AGU

Agrium

$0.00

(0.00%)

ANDE

Andersons

$26.28

-0.56 (-2.09%)

ADM

Archer Daniels

$40.94

0.05 (0.12%)

BG

Bunge

$55.91

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CF

CF Industries

$49.28

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CMP

Compass Minerals

$56.29

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IPI

Intrepid Potash

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0.01 (0.29%)

POT

Potash

$0.00

(0.00%)

SYT

Syngenta

$0.00

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UPS

UPS

$120.71

1.61 (1.35%)

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UPS management to meet with UBS »

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DIS

Disney

$132.18

-1.14 (-0.86%)

, T

AT&T

$37.92

0.78 (2.10%)

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Disney reaches TV carriage agreement with AT&T, Bloomberg says »

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DIS

Disney

$132.18

-1.14 (-0.86%)

T

AT&T

$37.92

0.78 (2.10%)

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BA

Boeing

$379.33

-5.28 (-1.37%)

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MCF

Contango Oil & Gas

$1.71

-0.07 (-3.93%)

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GLD

SPDR Gold Shares

$142.97

1.68 (1.19%)

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SPDR Gold Shares holdings rise to 894.15MT from 883.60MT »

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VXRT

Vaxart

$0.58

-0.0307 (-5.03%)

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Vaxart files to sell 15.6M shares of common stock »

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AAPL

Apple

$217.69

-3.22 (-1.46%)

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IIVI

II-VI

$39.05

-0.5 (-1.26%)

, CPE

Callon Petroleum

$4.53

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II-VI to enter S&P 400; Callon Petroleum, PriceSmart to enter S&P SmallCap600 »

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IIVI

II-VI

$39.05

-0.5 (-1.26%)

CPE

Callon Petroleum

$4.53

-0.015 (-0.33%)

PSMT

PriceSmart

$60.29

-0.39 (-0.64%)

FNSR

Finisar

$24.31

1.25 (5.42%)

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NVR

NVR

$3,632.55

-30.45 (-0.83%)

, JEF

Jefferies Financial Group

$19.47

-0.19 (-0.97%)

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NVR to replace Jefferies Financial Group in the S&P 500 at open on September 26 »

NVR (NVR) will replace…

NVR

NVR

$3,632.55

-30.45 (-0.83%)

JEF

Jefferies Financial Group

$19.47

-0.19 (-0.97%)

SPB

Spectrum Brands

$49.66

-1.395 (-2.73%)

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NOC

Northrop Grumman

$368.25

-7.45 (-1.98%)

17:24
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09/20
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Northrop Grumman subsidiary awarded $1.12B Missile Defense Agency contract »

Orbital Sciences, or OSC,…

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PSMT

PriceSmart

$60.29

-0.39 (-0.64%)

, FNSR

Finisar

$24.31

1.25 (5.42%)

17:23
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17:23
Hot Stocks
Breaking Hot Stocks news story on PriceSmart, Finisar »

PriceSmart to replace…

PSMT

PriceSmart

$60.29

-0.39 (-0.64%)

FNSR

Finisar

$24.31

1.25 (5.42%)

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  • 30

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IIVI

II-VI

$39.05

-0.5 (-1.26%)

, CPE

Callon Petroleum

$4.53

-0.015 (-0.33%)

17:22
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Breaking Hot Stocks news story on II-VI, Callon Petroleum »

II-VI to replace Callon…

IIVI

II-VI

$39.05

-0.5 (-1.26%)

CPE

Callon Petroleum

$4.53

-0.015 (-0.33%)

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  • 23

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NVR

NVR

$3,632.55

-30.45 (-0.83%)

17:20
09/20/19
09/20
17:20
09/20/19
17:20
Hot Stocks
Breaking Hot Stocks news story on NVR »

NVR to replace Jefferies…

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NHYDY

Norsk Hydro

$0.00

(0.00%)

17:12
09/20/19
09/20
17:12
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17:12
Hot Stocks
Norsk Hydro discloses federal court in Brazil lifts embargo on Alunortes »

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RESN

Resonant

$3.05

0.02 (0.66%)

17:03
09/20/19
09/20
17:03
09/20/19
17:03
Conference/Events
Resonant participates in a conference call with Loop Capital »

Semiconductor Analysts…

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NINE

Nine Energy Services

$6.73

-0.33 (-4.67%)

17:02
09/20/19
09/20
17:02
09/20/19
17:02
Syndicate
Breaking Syndicate news story on Nine Energy Services »

Nine Energy Services…

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ATOM

Atomera

$3.70

0.17 (4.82%)

17:00
09/20/19
09/20
17:00
09/20/19
17:00
Conference/Events
Atomera participates in a conference call with Loop Capital »

Semiconductor Analysts…

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MPWR

Monolithic Power

$154.21

-2 (-1.28%)

16:50
09/20/19
09/20
16:50
09/20/19
16:50
Conference/Events
Monolithic Power participates in a conference call with Loop Capital »

Semiconductor Analysts…

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